Tractor in credit

Work today – pay tomorrow.

Very seldom a farm is so rich to buy new and modern agriculture technics at once. It has to turn in a bank to take a loan. After that it has to try to draw up a clever project to receive back the money invested in the purchase of technics from the Europe.

About credits and leasings

In case you do not want to go the long way bank – foundation – European money and you have decided to pay back your loans yourself then you have two options – to buy the desired technics in leasing or credit.

Financial leasing is the most popular and simplest leasing type. Financial leasing is usually offered in cases if the technics is financed without the EU support. In variant of financial leasing a farm or limited liability company has a possibility to account the Value Added Tax for the technics purchase in the balance sheet in the pretax that lets to get it back from the state or cancel it later realizing the agriculture production. Leasing company purchases the necessary equipment or technics (agriculture machinery and equipment, forestry machinery and equipment, production equipment, lifters, excavators, technics for special use, other industrial machinery and equipment) and gives you the rights to use it. During the contract activity time you make pay back of leasing object by instalments and when all the sum is paid back you become the owner of the leasing object. Companies indicate the object purchased in leasing in the balance sheet and there is calculated its depreciation. Leasing loan as financial instrument is offered in case when technics is purchased with the support of the EU foundations.

Cooperation banks